Notice of Share Buyback Based on Restricted Stock Compensation System | July 22, 2026

Overview of Disposal

Toru Island Manufacturing Co., Ltd. will dispose of 26,005 ordinary shares on July 22, 2026, based on the restricted stock compensation system, allocated to directors and executive officers. The disposal price is 2,914 yen per share, totaling 75,778,570 yen. This system aims to provide medium- to long-term incentives and shareholder value sharing, with a maximum transfer restriction period of 30 years for eligible recipients.

Purpose of Disposal and System Details

This disposal is based on the restricted stock compensation system introduced in 2018, which allocates shares to directors and executive officers using monetary compensation claims as contribution assets. Eligible persons include directors and executive officers, with a transfer restriction period set up to 30 years. Restrictions are解除されるupon resignation or organizational reorganization. The disposal price is determined based on the market's closing price and is set at an unbiased, fair valuation, preventing arbitrary pricing.